<SEC-DOCUMENT>0001104659-18-016671-index.html : 20180312
<SEC-HEADER>0001104659-18-016671.hdr.sgml : 20180312
<ACCEPTANCE-DATETIME>20180312150515
ACCESSION NUMBER:		0001104659-18-016671
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20171231
FILED AS OF DATE:		20180312
DATE AS OF CHANGE:		20180312
EFFECTIVENESS DATE:		20180312

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UBS FUNDS
		CENTRAL INDEX KEY:			0000886244
		IRS NUMBER:				367056204
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06637
		FILM NUMBER:		18683139

	BUSINESS ADDRESS:	
		STREET 1:		C/O UBS ASSET MANAGEMENT (AMERICAS) INC
		STREET 2:		ONE NORTH WACKER DR.
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-525-7100

	MAIL ADDRESS:	
		STREET 1:		C/O UBS ASSET MANAGEMENT (AMERICAS) INC
		STREET 2:		ONE NORTH WACKER DR.
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRINSON FUNDS INC
		DATE OF NAME CHANGE:	19920929
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002978
<SERIES-NAME>UBS U.S. Sustainable Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008178
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>BNEQX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008180
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>BNQCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008181
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BPEQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002979
<SERIES-NAME>UBS GLOBAL ALLOCATION FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008182
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNGLX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008184
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>BNPCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008185
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BPGLX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002980
<SERIES-NAME>UBS International Sustainable Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008186
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNIEX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008188
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>BNICX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008189
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BNUEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000002985
<SERIES-NAME>UBS U.S. SMALL CAP GROWTH FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008206
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNSCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008208
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>BNMCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008209
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BISCX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000003135
<SERIES-NAME>UBS DYNAMIC ALPHA FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008503
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>BNAAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008505
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>BNACX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000008506
<CLASS-CONTRACT-NAME>CLASS P
<CLASS-CONTRACT-TICKER-SYMBOL>BNAYX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000047156
<SERIES-NAME>UBS Municipal Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147812
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>UMBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147813
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>UMBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000147814
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>UMBPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000886244
<SERIES-ID>S000053041
<SERIES-NAME>UBS Total Return Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166868
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>UTBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166869
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>UTBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166870
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>UTBPX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>a18-3911_1ncsrs.htm
<DESCRIPTION>N-CSRS
<TEXT>
Document 1 - file: a18-3911_1ncsrs.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>a18-3911_1ex99dcert.htm
<DESCRIPTION>EX-99.CERT
<TEXT>
Document 2 - file: a18-3911_1ex99dcert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>3
<FILENAME>a18-3911_1ex99d906cert.htm
<DESCRIPTION>EX-99.906CERT
<TEXT>
Document 3 - file: a18-3911_1ex99d906cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>j1839112_za005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: j1839112_za005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>j1839112_aa003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: j1839112_aa003.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>j1839112_ca004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: j1839112_ca004.jpg

</DOCUMENT>
</SEC-DOCUMENT>